thx. i guess my best bet here is to simply fully buy it off and then sale it. then lease another one at the new rate.
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Originally Posted by Two Sheds
To be honest I think you are stuck with the 6.95%. The only thing I can think of is to get rid of the car via one of the swap lease sites and buy another BMW at the new rate.
I don't think credit rating is a factor. When I started lookling for my 2006 BMW a few months ago the lease rates were 6.9%, when I finally signed and picked it up (last month) they were down to 4.9%. I think it is just BMW lowering the rates to get rid of the last of the 2006 models. I suspect they will go back up again when the 2007 models start to come in.
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